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��14��7 Security Ins�rument sha�l in�lude a�l direct paym�nts by Lend�r to Borrower and all other l�an advances permitted by this Secur�ty �nstrum�nt for any purpose. This��en priority shal�app�y no�wi�hstand�ng any Sta�e c�ns��ut�on, lav�or regulation, except that�h�s�ien priar�t�sha��no�affec��he priority of an� liens for unpa�d S�a�e or�ocal gavernmen�al uni�special asse�sments or�axes. �2.Ad,�ustable-Rate Feature.Under�he No�e,�he initia� sta�ed�nterest rate of�.9UG°/v�vhich accrues on the unpa�d principal balance("In�tial Interest Rate"} is subjec�ta change,as descr�b�d b�low. '�hen the interest rate�hanges,the n�w ad�us�ed interes�rate w�l�b�app�ied�a the to�al autstanding prxnc�pa� �a�ance. Each ad�ustmen�to�he znterest rate v�i��be based upon the a�erage of in�erbank offered rates for one-month U.S.doilar denom�nated deposi�s�n the London Marke�("L�B�R"}, as pu��shed in The �Vall S�ree�Journal ["Zndex"),r�unded to three digits to�he righ�flf�he decimal point, p�us a margin. If �he �ndex is n��ong�r a�a�lab�e,Lender w��be requ�red�o use any zndex prescrib�d by the Depar�m�nt of Hous�ng and Urban I]evelopment.Lender wil�give Borrow�r notice of ne�u�ndex. Lender wi��perform th�cal�ulations descr�bed�e1ow ta determine�he ne�v adjusted�nterest ra�e. The �nt�res�rate may change on May 1,2�14 and on the first day of ea�h succeeding month. "�hange Date" means each date in w��ch the�nterest rate could change. The�alue of th��nd��will be de�ermined, using the mos�recen�Index f�gur�ava��ab�e th�r�y[3U�days bef�re the�hange Date("Current Index"�. Before ea�h Chang�Da�e,the new in�eres�rate wx��be ea�culated by add�ng a margin t��he�urrent�ndex. The sum of�he margin plus the�urren��ndex wi�l be�a11ed�he "�alcu�ated Interest Rate" far each�hange Date. The Ca�cu�a�ed�n�er�st Ra�e v��11 be �ampared�o the interest rate in effec��mmediat��pr�ar�o�he�urrent�hange Date (the "Existing In�eres�Rate"}. The�alcula�ed Interest Ra�e w��never i�.crease above 12.9U6°/o The Calcuiated Inter�st Rate w��l be ad�usted if necessar�ta camply with the rate limitation�s}descr�bed a�o�e and v�ril�be�n effect un�il�h�next Change Date.At any change date, if�he Calcuia�ed�nterest Rate equa�s�he Existing In�erest Rate,the interest rate w�1i no�change. 23,Reconveyance. Upon payment�f a�� sums secured�y�his Secur�ty Znstrument,Lender sha��reque�t Trustee to re-canvey�he Proper�y and sha�l surrender this Secur�ty Instrumen�and all nates e�idenc�ng deb�secur�d by�his Secur�ty�nstrumen�to Trustee. Trus�ee sha��reco�zvey the Proper�y w��h�ut warranty to the person or persans legally ent�tled to it. Such person or persons sha1�pay any recardatian cos�s. Lender ma�charge su�h person or persons a fee for recon�ey�ng�he Pr�perty,bu�onl�if�he fee is paid to a third party tsu�h as�he Trustee�for s�rvices rendered and th�charging of the fee�s permitted under app�ieable�aw. 24. Substitute Trustee. Lender,a��s op�ian, may from time�o time remove Trustee and appoin�a succe�sor trustee�o any Trustee appo�n�ed hereunder b�an instrumen�recarded�n�he county in whi�h this Security�ns�rumen�is recorded. Wi�hau�con�eyance of�he Praper�y,the successor trustee sha�� su�ceed�o a�1�he�it��,power and duties conferred upan Trustee h�rein and by app�icable�aw. �S.Request for N�tice�. B�RR��ER HEREBY RE��JESTS THAT,UNLESS �THER�ISE PRES�RIBEI]BY LA�]V,A C�PY�F ANY N�TI�E�F DEFAL�LT�R N�T�CE�F SALE PURSIJANT T�T�E N��JUD�C�AL F�RE�L�SURE�F THIS DEED�7F TRUST BE MAILED T�BaRR��VER AT B�RR�WER'S MA�LIN�ADDRESS SET F�RTH HERE�N. Page 9 vf 1� HECM First Deed flf Tnast